How to pay suppliers and our company ?
In China,normally suppliers ask for 30% payment as the deposit for production and 70% paid before loading.
Wholesaler
If you are a wholesaler and purchase big quantity from the same supplier, we suggest you transferring the supplier directly and the balance to us .but if your buy from different supplier ,the best way is to transfer to our account ,becuse most supplier just accept cash for the small order .after we receive your money ,we will pay off the money to this suppler according to your confirmation ,or exchange this money into RMB for you ,If you have some products which are consolidated in the same container, we can help you to pay individually if necessarry.
Project Procurement
Same as wholesaler, if the order amount is big enough and supplier accept USD transfer, please pay to the supplier directly. If you buy from several suppliers and they hope to receive Chinese currency Yuan as payment. We can help you to exchange into RMB and pay to suppliers once receiving your remittance.
Family Purchasing
As to our past experience, there would be more than 10 suppliers for a family purchasing such as furniture, lights, tiles, sanitary wares. Those orders with small amount and suppliers only accept USD and RMB cash as payment. For big shopping malls, they can accept Union Pay, but most of the others can’t accept Internation card.